TLHIX vs. SCHD
Compare and contrast key facts about TIAA-CREF Lifecycle Index 2030 Fund (TLHIX) and Schwab US Dividend Equity ETF (SCHD).
TLHIX is managed by TIAA Investments. It was launched on Sep 29, 2009. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TLHIX or SCHD.
Key characteristics
| TLHIX | SCHD | |
|---|---|---|
| YTD Return | 10.70% | 12.56% |
| 1Y Return | 18.02% | 18.96% |
| 3Y Return (Ann) | 3.27% | 7.38% |
| 5Y Return (Ann) | 7.87% | 12.84% |
| 10Y Return (Ann) | 7.24% | 11.41% |
| Sharpe Ratio | 1.87 | 1.58 |
| Daily Std Dev | 9.54% | 11.80% |
| Max Drawdown | -23.86% | -33.37% |
| Current Drawdown | -0.36% | -0.46% |
Correlation
The correlation between TLHIX and SCHD is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TLHIX vs. SCHD - Performance Comparison
In the year-to-date period, TLHIX achieves a 10.70% return, which is significantly lower than SCHD's 12.56% return. Over the past 10 years, TLHIX has underperformed SCHD with an annualized return of 7.24%, while SCHD has yielded a comparatively higher 11.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TLHIX vs. SCHD - Expense Ratio Comparison
TLHIX has a 0.10% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
TLHIX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Lifecycle Index 2030 Fund (TLHIX) and Schwab US Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
TLHIX vs. SCHD - Dividend Comparison
TLHIX's dividend yield for the trailing twelve months is around 2.20%, less than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TLHIX TIAA-CREF Lifecycle Index 2030 Fund | 2.20% | 2.44% | 2.82% | 3.21% | 2.06% | 2.25% | 2.68% | 2.04% | 2.49% | 2.40% | 2.24% | 2.47% |
SCHD Schwab US Dividend Equity ETF | 2.59% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
TLHIX vs. SCHD - Drawdown Comparison
The maximum TLHIX drawdown since its inception was -23.86%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for TLHIX and SCHD. For additional features, visit the drawdowns tool.
Volatility
TLHIX vs. SCHD - Volatility Comparison
The current volatility for TIAA-CREF Lifecycle Index 2030 Fund (TLHIX) is 2.39%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.09%. This indicates that TLHIX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.